Genie Energy (GNE) Operating Expenses (2010 - 2026)
Genie Energy (GNE) posted quarterly Operating Expenses of $27.9 million for Q1 2026, down 14.15% year-over-year from $32.6 million in Q1 2025, and up 1.11% quarter-over-quarter from $27.6 million in Q4 2025.
Genie Energy (GNE) Operating Expenses (2010 - 2026) Analysis & Trends
Genie Energy's Operating Expenses history runs 17 years deep, the most recent figure standing at $27.9 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 14.15% year-over-year to $27.9 million; the TTM figure through Mar 2026 stood at $99.4 million (down 5.93% YoY), while the FY2025 annual figure was $95.3 million, down 30.47% from the prior year.
- Operating Expenses for Q1 2026 stood at $27.9 million, up from $27.6 million in the prior quarter.
- The five-year high for Operating Expenses was $32.6 million in Q1 2025, with the low at $17.2 million in Q4 2022.
- The 5-year median for Operating Expenses is $22.7 million (2023), against an average of $23.7 million.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses soared 43.55% in 2024, then retreated 14.15% in 2026.
- Genie Energy's Operating Expenses stood at $17.2 million in 2022, then jumped by 32.41% to $22.7 million in 2023, then climbed by 14.04% to $25.9 million in 2024, then climbed by 6.64% to $27.6 million in 2025, then gained by 1.11% to $27.9 million in 2026.
- Business Quant data shows GNE's Operating Expenses at $27.9 million in Q1 2026, $27.6 million in Q4 2025, and $22.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 4.15 Bn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 2.41 Bn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 1.63 Bn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 1.63 Bn |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 3.27 Bn |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 1.54 Bn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 3.00 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Genie Energy | 394.68 Mn | 199.70 Mn | 33.67 Mn | 27.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.15 Mn |
| Mar 31, 2026 | 27.95 Mn |
| Dec 31, 2025 | 27.64 Mn |
| Sep 30, 2025 | 22.62 Mn |
| Jun 30, 2025 | 21.18 Mn |
| Mar 31, 2025 | 32.56 Mn |
| Dec 31, 2024 | 25.92 Mn |
| Sep 30, 2024 | 25.16 Mn |
| Jun 30, 2024 | 22.02 Mn |
| Mar 31, 2024 | 31.60 Mn |
| Dec 31, 2023 | 22.73 Mn |
| Sep 30, 2023 | 23.20 Mn |
| Jun 30, 2023 | 23.17 Mn |
| Mar 31, 2023 | 22.01 Mn |
| Dec 31, 2022 | 17.17 Mn |
| Sep 30, 2022 | 19.61 Mn |
| Jun 30, 2022 | 18.05 Mn |
| Mar 31, 2022 | 20.15 Mn |
| Dec 31, 2021 | 17.92 Mn |
| Sep 30, 2021 | 17.14 Mn |